El Mor Stock Forecast - Daily Balance Of Power
| ELMR Stock | 1,039 24.00 2.36% |
ELMR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast El Mor stock prices and determine the direction of El Mor Electric Installation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of El Mor's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of El Mor to cross-verify your projections. ELMR |
Most investors in El Mor cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the El Mor's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets El Mor's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of El Mor Electric Installation market sensitivity to bulls and bears. It estimates the ability of El Mor buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring El Mor Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.51) | (0.62) |
| Check El Mor Volatility | Backtest El Mor | Trend Details |
El Mor Trading Date Momentum
| On January 29 2024 El Mor Electric Installation was traded for 993.44 at the closing time. The highest price during the trading period was 1,031 and the lowest recorded bid was listed for 993.44 . The volume for the day was 2.3 K. This history from January 29, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.50% . The overall trading delta to the current price is 3.90% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare El Mor to competition |
Other Forecasting Options for El Mor
For every potential investor in ELMR, whether a beginner or expert, El Mor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ELMR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ELMR. Basic forecasting techniques help filter out the noise by identifying El Mor's price trends.El Mor Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with El Mor stock to make a market-neutral strategy. Peer analysis of El Mor could also be used in its relative valuation, which is a method of valuing El Mor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
El Mor Electric Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of El Mor's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of El Mor's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
El Mor Market Strength Events
Market strength indicators help investors to evaluate how El Mor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading El Mor shares will generate the highest return on investment. By undertsting and applying El Mor stock market strength indicators, traders can identify El Mor Electric Installation entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0478 | |||
| Daily Balance Of Power | 0.4615 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1061.0 | |||
| Day Typical Price | 1053.67 | |||
| Market Facilitation Index | 52.0 | |||
| Price Action Indicator | (10.00) | |||
| Period Momentum Indicator | 24.0 | |||
| Relative Strength Index | 52.92 |
El Mor Risk Indicators
The analysis of El Mor's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in El Mor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elmr stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.15 | |||
| Semi Deviation | 1.66 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Downside Variance | 4.34 | |||
| Semi Variance | 2.75 | |||
| Expected Short fall | (1.29) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of El Mor to cross-verify your projections. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for ELMR Stock analysis
When running El Mor's price analysis, check to measure El Mor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy El Mor is operating at the current time. Most of El Mor's value examination focuses on studying past and present price action to predict the probability of El Mor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move El Mor's price. Additionally, you may evaluate how the addition of El Mor to your portfolios can decrease your overall portfolio volatility.
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